A firm settled FINRA charges for (i) failing to supervise unsuitable short-term trading of syndicate preferred stocks and (ii) allowing representatives to profit from repeated short-term trades that led to customer losses.

SEC staff issued no-action relief permitting broker-dealers to offset certain futures contracts and options on ETFs for risk-based haircut calculations under Exchange Act net capital rules.

FDIC Chair Martin J. Gruenberg endorsed a request for authority to sue six former officers and eleven former directors of Silicon Valley Bank, citing their role in the bank's collapse and the $23 billion in financial losses incurred by the Deposit Insurance Fund.

The House Financial Services Committee urged regulatory agencies "to preserve information and refrain from partisan rulemaking as a new administration enters."

In a 3-2 vote, the SEC approved the PCAOB's 2025 budget request for $385 million.